Malaysia considers palm oil export tax waiver as stocks reach record
Inventories have reached 3.5 million tonnes, while Indonesian palm oil sells for RM700 to RM900 a tonne less than Malaysian supplies.
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ICTSI, San Miguel and Ayala courted for overseas cross-listings
A Philippine securities commissioner says exchanges in Hong Kong and Singapore have invited the companies to list, raising concerns about domestic trading.
- Business & CompaniesPhilippines
Manila Water, Maynilad discuss emergency water-sharing arrangement
Maynilad says no agreement has been finalised, while Manila Water says sharing must not affect supplies to its own customers.
- BadmintonIndonesia
Ubaidillah beats fourth seed Jonatan Christie at French Open
After winning in three games, Moh Zaki Ubaidillah said he still needed to show greater consistency and learn from his opponent.
- Business & CompaniesPhilippines
Prime Oil seeks 30 per cent interest in West Philippine Sea contract
The proposed acquisition from an Apex Mining subsidiary requires valuation, due diligence and Department of Energy approval.
- EconomyPhilippines
BSP tipped to raise rates to 5.25 per cent as inflation persists
Nomura expects a 25-basis-point increase on October 22, with further tightening possible if price pressures intensify.
- Banking & FintechPhilippines
BPI and DMCI Homes introduce automatic payments for US-based buyers
DMCI Homes is the first property developer to adopt BPI’s Overseas Collection Arrangement, which collects payments from customers abroad.
- EconomyVietnam
Vietnam lawmakers seek clearer power pricing rules in electricity law changes
Proposals include stronger cost oversight, closer scrutiny of cross-subsidy changes and coordinated investment in generation and grids.
- EconomyPhilippines
Philippine sugar millers seek rethink of proposed beverage tax rise
The Department of Finance proposes raising the excise tax to ₱20 per litre from ₱6, prompting warnings about demand for locally produced sugar.
- Business & CompaniesIndonesia
Indonesian envoy urges PT PAL to pursue Middle East defence contracts
The ambassador to the UAE cited the shipbuilder’s naval work and stronger bilateral economic ties as grounds for seeking more regional business.
